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BTW FEMA insurance rates only pay 40% of what they should pay to cover the costs. That is a fact you can check.

So 60% of insurance prem is paid by taxpayers and 60% of your payout on your claim is a handout.

There is a reason no private insurance company offers flood insurance, it would have to be so expensive to cover the risks that no one would buy it anyhow.

From: Cut the red tape!

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